The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (6732)	10/28/2020 8:56:51 PM
From: Snowshoe	Read Replies (1) of 13803

Today's article sourced from the Washington Post claims that the US government loses money on Tongass NF timber sales. If true, does a logging expansion make any sense? Trump to strip logging and development protections from most of Southeast Alaska’s vast Tongass National Forest adn.com excerpt... Logging in Alaska costs U.S. taxpayers millions each year, because of a long-standing federal mandate that companies profit from any timber sale. This means the Forest Service often covers harvesters' costs, including road building. According to a Taxpayer for Common Sense analysis of the Forest Service’s accounts, the Tongass timber program has lost roughly $1.7 billion over the last 40 years. After Taxpayers for Common Sense commented during the federal environmental review that it would be more economically efficient to hold timber sales in parts of the forest that already have roads, the Forest Service acknowledged that that was true.

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